Auditaudit Staff asked 3 years ago
2 Answers
RaviRavi Staff answered 3 years ago

If one partner is disqualified then firm is disqualified. So if relative if any partner holds more than 100000 FV of securities then that partner will get disqualified and whole firm will be disqualified.
Relative only becoming member will not attract disqualifications. Holding should cross 1,00,000

RaviRavi Staff answered 3 years ago

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